veterans day as we thank those who served us in the past and continue to serve us today i m becky quick along with joe kernen along with andrew ross sorkin things are in the green once again. looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. up another 626 points yesterday. dow futures are up, s&p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1%, actually indicated higher today as well. up by about 130. the bond market today the is closed in ob sservance of veters day. we ll talk with david petraeus later this morning andrew thanks. and an important day in the united states of course. but there is also a holiday going on in china, very different kind of holiday, made up of a shopping a made up shopping holiday i should s
day event. our new betting week close there, never to be seen again, perhaps? barstool sports has put penn national gaming stocks firmly in the lead, but nearly a month after its record-breaking rollout, what s the next may for penn national gaming whose stock surged 153% year to date? penn national ceo jay snowden is here in a fox buzz exclusive. plus business exclusive. plus, we ve got the woman who traded silicon valley for the heartland and now has her home-grown products flying off amazon s digital shelves. but first, we begin with a fox business alert here. investors are pulling back the reins on workhorse at this hour after it gallopedded ahead at the opening. take a look at the utility maker. it secured about $200 million in funding from institutional lenders in the form of senior secured convertible notes due in 2024. so you can see where we opened, above $30 a share. right now we re at $27.05. so really pulling back, and possibly just getting to the flatline from
we will begin, though, this morning with of course stocks, futures indicate an additional testing of that 3220 level on the s&p. we re also talking about the possibility, however remote it might seem, of a relief package coming out of congress,given some conversation, jim, between secretary mnuchin and speaker pelosi do you think there is a chance i know that they both care passionately about small business if you look at the testimony yesterday by secretary mnuchin, he mentioned restaurants a couple of times. that s where the yelp numbers that we get, yelp yikes is our vc, where the real damage s you re starting to talk about 50% of the bars and nightlife being closed in this country, that s way too big and i think that the secretary is really alluding to that david, do i think there will be a deal i think there is a sense that both sides feel a deal is bad for them, in other words, if they give if there s a stalemate, they will somehow do better at the election i don t
we re learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1.27%. a lot of people call into question what they re doing paying such high prices. we saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. don t get me wrong, snowflake should not be about making money, it should be losing money. it makes sense for management to spend fortunes to dominate the cloud data management business you want to win, you ve got to spend. snowflake is not the issue, though the ceo will do everything in his power to deliver for shareholders he s got an amazing track record i totally understand why people are willing to pay for the nose for his stock. i liked it even as high as 125 but i jumd eunderestimated the . i heard that the unde
it is the 32nd time this year the nasdaq has set a record close again. this morning, we are looking at a negative picture this morning, you are looking at red ar owes. s&p indicated down by about 16 points everybody is waiting to see. at least right now, 10-year looks like it is narrowing to 2.5% jobs friday today. forecasters will expect payroll to climb 1.48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10.6% from 11.1% from june we ll take you through 8:30 a.m. when those numbers actually hit. news breaking this morning for those of us in new york city who woke up and thought what just happened. con edison investigating wide-spread outages. as an upper westsider, no power there. you lost power? a true black out. we are in 2020, what could go wrong? i looked around and thought, it is so dark what is going on is the nasdaq going to have power. what am i going to do? here we are middown. you left connec